The Japanese Yen (JPY) has reached a new three-month low against the US Dollar (USD) following significant political changes in Japan. In Sunday’s national election, Japan's ruling coalition suffered a loss of its parliamentary majority for the first time in 15 years, sparking concerns about the future direction of the country’s monetary policy as detailed in a report by FXStreet.

Yen dips to three-month low amid political shifts in Japan

The pace of the rally of Japan's stock market is now expected to slow down in the second half of 2024, giving investors a greater likelihood of shifting investments to rival markets.

Japan’s stock rally expected to slow: investors eye rivals as yen weakens and economy slows

The United States Treasury Department on Thursday (June 20) added Japan to its "monitoring list" of major trading partners whose currency practices "merit close attention".

US adds Japan to currency 'monitoring list'; stops short of labelling it 'currency manipulator'

During the recent Group of Seven (G7) finance leaders' summit in Italy, Japan intensified its efforts to reverse the yen's excessive depreciation, following a jump in bond yields to a 12-year high that has failed to halt the currency's slide.

Japan pushes to counter Yen decline amid G7 talks

The Yen's three years of sharp drops are expected to come to an end in 2024 as the monetary policy gap starts to narrow. According to a bloomberg survey, analysts expect the yen to appreciate as the Bank of Japan is expected to end its decades-long negative interest rate regime.

Yen to rally as Bank of Japan moves away from easy policy

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Yen dips to three-month low amid political shifts in Japan

Japan’s stock rally expected to slow: investors eye rivals as yen weakens and economy slows

US adds Japan to currency 'monitoring list'; stops short of labelling it 'currency manipulator'

Japan pushes to counter Yen decline amid G7 talks

Yen to rally as Bank of Japan moves away from easy policy